The Egyptian Exchange (EGX) Monthly Statistical Report April 2018

Listing

Total number of listed companies on the main market amounted to 223 at the end of April 2018. Meanwhile, the number of listed companies on Nilex reached 32 at the end of the month.

One company was listed in the main market this month, with a capital of US$ 23.30 million (EGP 411.46 million).

Turnover

Total number of trading days in April 2018 amounted to 19 days, with a total value traded of US$ 2,317.17 million (EGP 40,913.27 million). Value traded of the main market amounted to US$ 2,288.01 million (EGP 40,398.56 million), of which shares, bonds and funds represented 90.37%, 9.63% and 0%, respectively. Unlisted securities i.e. Over the Counter trading reached US$ 28.16 million (EGP 497.14 million), which represents 1.22% of total value traded for the month. Additionally, Nilex has recorded a trading value of US$ 1 million (EGP 17.57 million) during the month.

This is in comparison to March 2018, when value traded of the main market amounted to US$ 2,525.85 million (EGP 44,566.33 million), of which shares represented 90.84%, 9.16% and 0%. In addition, the OTC trading amounted to US$ 164.94 million (EGP 2,910.14 million), i.e. 6.13% of total trading (on- and off-exchange trading), which reached US$ 2,692.37 million (EGP 47,504.52 million). Additionally, Nilex has recorded a trading value of US$ 1.59 million (EGP 28.05 million) during the month.

Total volume traded of the main market for this month reached 8,176.63 million securities. Meanwhile, the total volume traded of the OTC market has reached 27.31 million securities. Nilex has recorded a trading volume of 22 million securities.

During April 2018, 683,495 transactions were concluded with an average of 35,973 trades per day, as opposed to 752,464 transactions were concluded with an average of 35,832 trades per day, during March 2018.

Indices

EGX 30 index, the official market index, witnessed an increase of 4.84% in April 2018, to close at 18,295.57 points and witnessed a YoY increase of 21.82%.

Meanwhile, EGX 70 price index witnessed an increase of 0.71% in April 2018, to close at 877.19 points and witnessed a YoY increase of 5.98%.

Moreover, EGX 100 price index witnessed an increase of 3.06% in April 2018, to close at 2,306.76 points and witnessed a YoY increase of 16.99%.

Moreover, EGX 20 Capped index witnessed an increase of 4.28% in April 2018, to close at 18,485.64 points and witnessed a YoY increase of 25.46%.

On the other hand, the S&P/EGX ESG index witnessed an increase of 2.29% in April 2018, to close at 2,870.68 points and witnessed a YoY increase of 22.68%.

Furthermore, the EGX50 EWI index witnessed an increase of 2.98% in April 2018, to close at 3,075.56 points and witnessed a YoY increase of 19.72%.

From another perspective, Nile index witnessed a decrease of 0.06% in April 2018, to close at 483.97 points and witnessed a YoY decrease of 9.04%.

Price Movements of Selected Shares

The ten most active stocks in the main market represented 78.04% of total traded shares’ volume and 45.95% of total traded shares’ value for this month.

During the month of April, the top five gainers, in the main market, were (in descending order of price change) El Nasr for Manufacturing Agricultural Crops (76.48%), Telecom Egypt (30.34%), International Co. for Investment & Development (24.87%), Ismailia National Food Industries (23.63%) and Gulf Canadian Real Estate Investment Co. (22.93%).

The top five losers, in the main market, were (in ascending order of price change) Rights Issue of Sinai Cement-1 (-64.35%), Global Telecom Holding (-21.92%), El Obour Real Estate Investment (-20.67%), Ismailia Misr Poultry (-17.03%) and Wadi Kom Ombo Land Reclamation (-16.63%).

Market Capitalization

Total market capitalization of shares in the main market amounted to US$ 56.99 billion (EGP 1,006.24 billion), as of end of April 2018 compared to US$ 55.21 billion (EGP 974.18 billion) in March 2018, representing an increase of 3.29%. Meanwhile, Market capitalization for the companies listed on Nilex has reached US$ 66.01 million (EGP 1.17 billion) at the end of April 2018.

Foreign Participation

In April 2018, foreign investors participated with 36.52% of the value traded of the main market, with a net inflow of portfolio foreign investment totaling US$ 150.49 million (EGP 2,657.07 million).